Added On :
Baltimore Highlands, USA
02 Jun 2019
£ 61,182 / € 67,415 / $ 79,900
This large three bedroom house is a rare find at $79,900...
This fantastic huge three bedroom family home is located in Woodbourne- McCabe, a neighbourhood just 5.1 miles North from downtown Baltimore. The property is also only 0.7 miles and just three minutes from Loyola University of Maryland. The property is very spacious with three large bedrooms, one bathroom and a full basement. The property is just being refurbished and the management company will be placing new tenants on a brand new contract on closing. There is also a one month rental guarantee.
Woodbourne-McCabe is a neighbourhood is just North of Baltimore, just 5.1 miles from Downtown. Woodbourne-McCabe offers residents an urban feel and most residents own their homes. In Woodbourne-McCabe there are a lot of coffee shops and parks. The property is just 0.7 miles from Loyola University and also just 1.1 miles from Notre Damn of Maryland University, Notre Damn is set on1265 Acres and was ranked this year No. 18 for best Universities in the US.
Purchase price: 79,900
Gross annual rental income: $16,200
Property running costs: $3,720
(Tax, insurance and management costs)
Net annual rental income: $12,480
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 16%